Willow Ridge Senior Living is continuing to grow rapidly, and the New York-based operator expects to hit 25 communities sooner than originally planned. The company’s growth in 2024 is moving at a fast pace. Nearing the end of 2024, Willow Ridge now manages 12 communities, a number that the company is trying to more than […]
This article is part of your SHN+ subscription As revenue grows and operators claw back margins this year, senior living operators hold a favorable outlook for the sector’s path ahead. This optimism has come through in recently released survey data, as well as in conversations I’ve had with industry leaders – and in a bullish […]
This story is part of your SHN+ subscription Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. […]
Willow Ridge Senior Living is in growth mode with a capital partner fueling its expansion, and, CEO Michael Morris says the company is evaluating its next opportunities for growth in the next 12 months. In a recent interview with Senior Housing News during the NIC Fall 2023 Conference, Morris outlined how the company intends to […]
An alum of Brookdale Senior Living (NYSE: BKD) and Holiday Retirement is leading a new senior living venture aimed at growing at a steady pace. Since launching the company in 2019, Willow Ridge Senior Living Founder Michael Morris has his sights set on growing the New York-based company through new capital partnerships. The Albany, New […]
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Financings VIUM Capital Closes $1B in Q2 VIUM Capital, a senior housing and healthcare lender, announced that 2Q2022 was the most productive quarter in the company’s history with $1.1 billion in transactions. The active second quarter brings the total volume of deals to $1.4 billion over 44 loans including financing projects in 16 states. Columbus, […]
